MISUMI Group to Acquire Fictiv for $350 Million

Adobe Acquires Figma

November 7, 2022

Cloud & SaaS

Adobe entered into a definitive merger agreement to acquire Figma, a web-first collaborative design platform, for approximately $20 billion in cash and stock. The deal is expected to close in 2023, subject to regulatory approvals and Figma stockholder approval.

SCIO Automation Acquires Fabmatics GmbH

December 27, 2023

Industrial Services

SCIO Automation GmbH completed the acquisition of Fabmatics GmbH (agreement announced Oct 30, 2023; deal closed Dec 27, 2023). Fabmatics, a Dresden-based specialist in material-flow and handling automation for semiconductor cleanrooms, will strengthen SCIO’s cleanroom/intralogistics capabilities and support the group’s global expansion. The transaction is an add-on to SCIO’s automation platform, which is PE-backed by Quadriga Capital.

Hitachi, Ltd Acquires Flexware Innovation

September 6, 2022

Industrial Services

Hitachi, Ltd acquired Flexware Innovation, a manufacturing systems integrator and Industry 4.0 consultancy, to strengthen its MES, SCADA, software development, BI and ERP implementation capabilities and accelerate shop‑floor-to‑enterprise digitalization in North America. Flexware founder Scott Whitlock will remain President & CEO, and 7 Mile Advisors acted as exclusive sell‑side advisor to Flexware.

Futuris Company Acquires Pioneer Global, Inc.

August 13, 2020

Staffing & HR

Mission Mining Company d/b/a Futuris Company (Futuris) acquired Pioneer Global, Inc., a U.S. staffing services firm that provides temporary, temp-to-hire and direct-hire staffing. The target reported roughly $5 million in trailing twelve-month sales and places over 100 people annually; the deal is described as Futuris's first strategic acquisition to build a centralized staffing services platform focused on healthcare and professional services.

XMachina AI Group Inc. Completes Business Combination to Acquire XMachina-AI Inc.

June 9, 2022

AI & Machine Learning

XMachina AI Group Inc. (formerly 1210352 B.C. Ltd.) completed a business combination on June 7, 2022, pursuant to which it acquired XMachina-AI Inc. and renamed the resulting issuer XMachina AI Group Inc. The Resulting Issuer will carry on XMAI's business, intends to apply to list its subordinate voting shares on the Canadian Securities Exchange, and plans to accelerate growth by injecting capital and talent into AI and data-analytics businesses.

Fantasy 360 (Immersive Tech) to Acquire Synthesis VR Inc.

September 20, 2021

Software

Fantasy 360 Technologies Inc. (d/b/a Immersive Tech), a portfolio company of Victory Square Technologies, signed a binding letter of intent to acquire all of the shares of Synthesis VR Inc. The deal (aggregate purchase price $4.8 million) combines Synthesis VR's location-based VR software, content store and ~300 operator customers with Fantasy 360's UNCONTAINED Immersive Entertainment Platform to accelerate platform and capability expansion in the LBVR market.